Thanks to a line of credit worth $6 million, the penny stock of VHGI Holdings Inc. (OTC: VHGI) is seeing a gains of as much as 1614% since our VIP subscribers were alerted. Although the share price of VHGI stock has retreated some from its HOD, traders are still advised to keep a close eye on the shares since the bullish trend is far from over. Landing itself on the top 20 penny stocks traded already today, the chances of an increased audience is sure to help the precious metals explorer see some piggy back trades jump on board.
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VHGI Stock Quote at 11:43:16 AM
Market Cap: 4.39M
Last: 0.044 ▲ 0.02 (83.33%)
Dollar Volume: $181,644
Issued and Outstanding: 99,847,126
14-Day Rel Strength: 79.25%
14-Day Stochastic: 91.15%
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As soon as the 8-K filing from VHGI Holdings came through, our VIP members who track sub penny stocks were delighted to see that the rumored play of some big news coming brought in ten bagger gains. With Lily Group Inc securing $6 million in revolving debt to help the Company get its Landree Mine up and running, it wasn’t a question as to hold or sell VHGI stock.
Volume and Level 2 dictated that VHGI stock still had a ways to go before seeing any significant pull back. Traders willing to step in as late as the confirmed 8-K filing were still able to grab hold of gains worth over 800%.
Part of the financing deal came from Lily Group Holdings Company, a private corporation controlled by Paul R. Risinger, VHGI Holdings’ CEO and sole director. Seeing a CEO reach out to involve other entities he controls in order to purchase mining equipment and bring Landree Mine into full phase I production is as committed as you can get and a great reason why those looking at VHGI stock today should consider it as a great penny stock to watch for the duration of the week and month.
About VHGI Stock
VHGI Holdings Inc. is a diversified company with assets and interests focusing on opportunities within the Precious Metals and Energy Resources Markets.
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Bottom Line: VIP memebers banked nicely on the penny stock alerts issued on VHGI stock. While we are considering opening up our VIP alerts for new members, for the time being, you will just have to deal with our gloating over picks which came in big like VHGI.
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